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November 24, 2024 |
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| Home > Small Business Lenders by State > North Carolina Business Loan Sources > Mclean, Business Loans > Capital One Mclean Business Loans > Furniture Stores Loan | ||||
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How to Get SBA Loans in High Piont, North Carolina
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SBA Loans for Furniture StoresWith these SBA loans for furniture stores, the SBA guarantees the lender that the loan will be repaid. This furniture stores loan for $35,000 was given to a North Carolina entrepreneur in 2004. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in High Piont, North Carolina was able to borrow $35,000 from Capital One. The SBA made the loan possible by guaranteeing $17,500 of this North Carolina small business loan. SBA Loan Borrower COMPANY TYPE: FURNITURE STORES SBA Loan Lender CAPITAL ONE This commercial loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 442110 - Furniture Stores Loan Approval Date 7/27/2004 Loan Approval Gross Amount $35,000 Loan Approval from the SBA Of the total $35,000 loan amount, the SBA guaranteed $17,500. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 3 employees. The SBA loan documents did not indicate that the small business planned to use the loan proceeds to increase staffing levels or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA loans provide smart, affordable business financing for small businesses looking to expand. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. About This SBA Loan Information: All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ. Related Links: Find an SBA Lender in Mclean, Virginia
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